The Treasury Department’s Multibillion Investment in Broadband

The U.S. Department of Treasury’s Capital Projects Fund provides $10 billion to states, territories, freely associated states, and Tribal governments to fund critical capital projects that enable work, education, and health monitoring. A key priority of this program is to make funding available for reliable, affordable broadband infrastructure and other digital connectivity technology projects. To date, the Capital Projects Fund has awarded nearly $4.8 billion to states that will be invested in high-speed internet infrastructure estimated to reach over 1.4 million homes and businesses. In this Fiber for Breakfast, Joseph Wender will discuss how Treasury’s work is part of the Biden-Harris Administration’s efforts to achieve the goal of deploying high-speed internet to those without access and lowering costs for those who cannot afford it.